Novelis is cutting roughly one-third of its workforce at its Kingston, Ontario, aluminium facility, with the company citing the impact of US tariffs on aluminium imported from Canada. The company is reducing its salaried workforce by 10 employees and temporarily laying off approximately 70 hourly workers, according to a statement issued by Novelis on Friday, September 18. The cuts affect roughly one-third of the facility's workforce. “These are difficult decisions that affect our colleagues and their families, and we are supporting those impacted through this transition,” Novelis said. Novelis pointed to the Section 232 duties imposed by the US on aluminium imported from Canada as the reason behind the workforce reduction. To know the global production, demand and consumption forecasts of...
Saudi Arabia’s aluminium consumption could climb to as much as 1.8 million tonnes a year by 2030, as the Kingdom ramps up infrastructure and industrial development ahead of the 2034 FIFA World Cup. Ahmad Al-Alshaikh, executive vice president of Maaden’s Aluminum Business Unit, said demand is expected to reach at least 1.6 million tonnes annually by 2030, up from around 1 million tonnes currently. Consumption could potentially double over the next five to seven years, he said. Speaking on the sidelines of the Fastmarkets International Aluminium Conference in Budapest, Al-Alshaikh said construction of 15 new stadiums for the football tournament is helping to support aluminium demand, Reuters reported. Major exhibitions and preparations for the World Cup are also expected to contribute to...
Grow with
AL Circle
On April 2, 2025, Indonesia’s Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia responded to concerns that state-owned mining firm PT Aneka Tambang (Antam) cannot sell its bauxite due to ongoing export restrictions. Bahlil said he would review the situation but reaffirmed that the government is committed to its domestic processing mandate, enforced through Domestic Benchmark Pricing (HPM). The measure, implemented to add value within Indonesia, has led to concerns over its market impact. Image source: antam.com The export ban on bauxite remains in effect, with all sales now required to go through the HPM system. Several lawmakers argue that this pricing mechanism has disrupted market absorption, as buyers are unwilling to purchase bauxite at the government-set prices. The...
Ardagh Metal Packaging (AMP), a global leader in supplying sustainable and infinitely recyclable metal beverage cans, has reported strong performance for the first quarter of 2025 (Q1 2025) supported by global shipments growth, region-wise growth and double-digit Adjusted EBITDA per cent growth. As per Oliver Graham, CEO of AMP, "Our first quarter performance represents a strong start to the year, with 6 per cent global shipments growth and double-digit Adjusted EBITDA % growth versus the prior year, ahead of our initial guidance." The Luxembourg-based company achieved revenue of $1,268 million for the three months ended March 31 2025, marking an increase of $127 million, or 11 per cent, compared to $1,141 million in the same period last year. On a constant currency basis, revenue rose by...
Bengaluru, an Indian city known as the Silicon Valley of India, has pulled several eyeballs of aluminium manufacturing and supplying businesses. Bengaluru’s transformation from a pure‐play IT powerhouse into a specialised aluminium manufacturing hub is due to its fast rise in infrastructure, accompanied by a deep talent pool and a supportive policy environment. Over the past five years, the Tier I city has seen new extrusion lines, high‐precision CNC machining centres and powder‐coating facilities spring up, catering to sectors ranging from aerospace to renewable energy. Image for referential purposes only India, as an entirety, now produces over 4.2 million tonnes of primary aluminium annually, making it the world’s second‐largest producer. Yet, Bengaluru has shifted its focus from bulk...
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] announced that Spirit has entered into a definitive agreement with Airbus SE to transfer ownership of certain assets and sites involved in the production of Airbus aerostructures to Airbus. The divestiture of these assets is expected to close concurrently with Spirit's previously announced acquisition by The Boeing Company. Both transactions are subject to regulatory approvals, among other closing conditions, and are expected to close in the third quarter of 2025. Image source: https://www.aerospacemanufacturinganddesign.com/ At the closing of this transaction, Airbus will take ownership of the following Spirit assets: the site of Kinston, North Carolina, U.S. (A350 fuselage sections); the site of St. Nazaire, France (A350 fuselage sections);...
ASI is committed to driving the aluminium sector towards a 1.5°C-aligned future. ASI Performance Standard V3 (2022) plays a critical role in this effort, requiring transparent disclosure of science-based targets and tracking of performance by ASI Entities across the whole aluminium value chain. Since its launch, ASI’s Certification Program has played an important role in driving responsible practices across the aluminium industry through transparent standards and credible assurance. With primary aluminium production responsible for the majority of the sector’s Greenhouse Gas (GHG) emissions, setting and aligning GHG emissions reduction targets (GHG targets) is essential. To assess how the primary industry is progressing on its GHG emissions reduction journey, we reviewed the 50 currently...
Anheuser-Busch, a leading American manufacturer and maker of Michelob ULTRA, Busch Light, Budweiser, Bud Light, and Stella Artois, today produced its 100 millionth can of emergency drinking water for communities impacted by disaster since 1988. For decades, Anheuser-Busch has periodically paused production of its American beers to produce emergency drinking water, a critical resource that provides relief to communities across the U.S. in times of need. This production underscores the company's continued commitment to showing up for its neighbors in partnership with the American Red Cross and the meaningful way that manufacturing its beer in America has allowed it to do so. Anheuser-Busch's ability to respond to disasters quickly is made possible by its unique scale and reach to countless...
From morning brews to meaningful action—Asda shoppers are turning their daily coffee habits into a force for good. Since the beginning of 2025, customers have recycled over 3 million coffee pods through the retailer's innovative new scheme. Through the Podback scheme, both plastic and aluminium coffee pods are recycled within the UK. Rolled out in January in partnership with Podback, the initiative provides a hassle-free way for coffee lovers to drop off their used pods at more than 600 Asda stores across the UK. The used coffee grounds undergo anaerobic digestion, converting them into renewable energy and nutrient-rich soil improvers. Meanwhile, the recovered aluminium and plastic are repurposed into new products, including drink cans, construction materials, and outdoor furniture. In...
Following the record-breaking fiscal year 2025, marked by the highest-ever double-digit profits and all-time high aluminium production, Vedanta Limited announces yet another positive outlook for FY2026. The company anticipates its aluminium business to emerge as the most profitable segment in the coming year, with margins exceeding USD 1,000 per tonne level compared to the current USD 850 per tonne. Image source: Vedanta Aluminium With full conviction, Chief Financial Officer Ajay Goel said, "Our focus remains on aluminium. We are working on volume augmentation and cost completion." Vedanta's focus on the aluminium business is also indicated by its plans to allocate a major share of increased capex into the aluminium and power segment. Out of USD 1.7 billion capex budgeted for FY2026,...
In a volatile fusion of tariff tensions, supply chain snarls, and shifting trade dynamics, US aluminium import costs have surged to multi-year highs, reshaping the metals market and sending shockwaves through American manufacturing. Image for representational purposes only On April 9, 2025, the United States imposed additional aluminium tariffs — 20 per cent on EU-origin goods and 10 per cent on UK imports, building on the existing 25 per cent base duty introduced under Section 232 in 2018. For EU producers, the effective tariff rate now stands at a crushing 45 per cent, sending shippers and buyers scrambling. The Midwest Premium, the benchmark regional surcharge that includes transport, handling, and tariffs, has reacted dramatically. According to Reuters and CME Group data, the Midwest...
Incat, Australia’s Tasmania based boatbuilder has cut the ribbon to reportedly the world’s largest electric ship. The brand tags the vessel as “a giant leap forward in sustainable shipping” and the “most important” project it has ever accomplished. The craft, called Hull 096, was conjured by the South American ferry operator Buquebus to build a vessel to operate between the Argentinian capital, Buenos Aires, and Uruguay. During the launch of the ship in Hobart on Friday, the manufacturing brand has disclosed that it would operate entirely on battery-electric power, with onboard passenger capacity of 2,100 and 225 vehicles across the River Plate, which forms the border between Argentina and Uruguay. Australia is also the home to the largest aluminium-hulled catamaran in the world. Echo...
On May 2, 2025, National Aluminium Company (NALCO) reported a gain of 3.01 per cent, a trend reversal after witnessing a decline for two consecutive days. However, the year-to-date performance of the company reflects a decline but is showing an increase in terms of the last five years. The company's stock had outperformed within its operating sector, showing a gain of 2.59 per cent connecting the sector's performance exceeding by 1.26 per cent. The stock price of the company reached INR 159.70 as of May 2, 2025 3:30 IST (USD 1.89), reflecting about a 2.66 per cent increase. Concerning the monthly averages, National Aluminium Company is representing an upward graph above its 50-day and 20-day moving averages. Nonetheless, the monthly averages are deemed to be lower than the 50-day, 100-day...
The heated exchange of words for over two months between the US President Donald Trump, Vice President JD Vance, and Ukrainian President Volodymyr Zelensky ultimately led to a diplomatic breakthrough, culminating in a strategic agreement on critical minerals and other natural resources. The deal grants the United States long-term access to Ukraine’s critical minerals, while also guarantees continued defense support to Ukraine in its conflict with Russia. Key provisions and mutual commitments The agreement, signed on Wednesday, April 30, includes key provisions such as the creation of a reconstruction fund for Ukraine – an initiative that Ukrainian officials hope will serve as a platform to secure ongoing American military support. While Ukraine is expected to contribute 50 per cent of all...
The UK government has facilitated a technical consultation on draft legislation for its own Carbon Border Adjustment Mechanism (CBAM), clarifying its scope, calculation and administration ahead of a July 3, 2025 deadline. From January 1 2027 (a year after the European Union’s CBAM implementation), the nation-imposed CBAM will place a carbon price on imports of emissions-intensive goods, including aluminium, safeguarding domestic producers against ‘carbon leakage’. It targets UK businesses importing over GBP 50,000 of specified goods in a 12-month period while exempting certain scrap products. The mechanism ensures that imported goods “face a carbon price which is comparable to the carbon price paid by domestic producers”. Image for representational purposes only Consultation, timeline and...
Born from a relentless pursuit of perfection, Porsche has added another feather to its existing collection of products. The brand known for its cutting-edge vehicles has introduced an aluminium suitcase collection, drawing both aesthetic and engineering inspiration from one of Stuttgart's most celebrated creations: the 911 Targa. The word "Stuttgart" in the Porsche logo directly references the city of Stuttgart, Germany, home to Porsche's headquarters. For anyone who dreams of owning a Porsche, one model of the sports car edition which often comes to mind is the iconic 911—a replica of thrilling performance and everyday practicality for the past 60 years. Dubbed as the Roadster Aluminum collection, the suitcase is inspired by Targa's iconic brushed aluminium roll bar—which redefined...
On April 30, 2025, Cymat Technologies, a Canada-based innovative materials company that manufactures and produces Stabilised Aluminium Form (SAF), has recently joined hands with France-based NUVIA. This collaboration has been signed for a decade, with an agreement in the nuclear energy industry securing seamless integration of the Cymat SmartMetal panels. Image for representational purposes France, within its nuclear energy plants, at present, is deemed to be undertaking life extension programmes. At present, the majority of the sectors are providing extra attention to nuclear electricity generation as it is a safer option for conducting low-carbon energy production. This collaboration will serve to support both companies' joint marketing initiatives, which shall extend beyond the...
RevoCast is set to build a state-of-the-art aluminium remelting facility in Langley, British Columbia, Canada, covering an area of approximately 11,148 m². Designed with sustainability at its core, the facility will operate using high recycled content and advanced technology to recycle and remelt a wide range of raw materials. Its primary goal is to lower carbon emissions while supplying remelt billets to the North American extrusion market. The groundbreaking ceremony for the facility is planned for the second quarter of 2025, with commissioning and the start of operations targeted for 2026. Thomas Martini, President & CEO of RevoCast, said, "By closing the loop and giving aluminium a second life, we're not only reducing our environmental impact but also ensuring a reliable and resilient...
Vedanta Limited, a leading player in India’s metals and mining sector, has announced its financial and operational results for the fourth quarter of FY2025, ended March 31, showcasing robust performance in both financial metrics and production output. Financial outcome – outpaces previous benchmarks Thanks to favourable commodity prices and expense reduction strategy, Vedanta has seen the highest-ever quarterly profit after tax (PAT), recording a jump of 118 per cent Y-o-Y to INR 4,961 crore (USD 591.5 million). Revenue also stood the highest-ever at INR 39,789 crore (USD 4.74 billion), registering an increase of 14 per cent Y-o-Y. Quarterly EBITDA grew 30 per cent, reaching INR 11,618 crore (USD 1.4 billion), mainly driven by higher volumes and higher premiums but partly offset by input...
Indian conglomerate Vedanta, spanning metals to oil has announced plans to increase its capital expenditure for the current financial year. As per Chief Financial Officer Ajay Goel, Vedanta plans to increase it between $1.5 billion and $1.7 billion, up from $1.5 billion in the previous fiscal. The majority of the investment of around $700 million is expected to be allocated to aluminium and power business, followed by $400–$450 million set aside for the zinc division. "With our augmented volume base, with our compressed cost base, our operating free cash flows will be sufficient to fund the growth and, at the same time, leave money for deleveraging both Vedanta India and Vedanta Resources. We are looking at 10 per cent higher volume, and 10 per cent lower cost in the current year. So,...
